8707 Falmouth #318 Avenue 318, Playa Del Rey, California 90293, Playa Del Rey, 90293 - 1 bed, 1 bath
Loading property details...
Playa Del Rey, California 90293
This Move-In Ready Condominium is listed at $680,000, reflecting a premium over the $592,590 Fair Market Value. While the property is priced above market, it offers a Turnkey Lifestyle Opportunity in the desirable Sea-Gate Village. Featuring a Versatile Loft Layout, Spacious Kitchen, and access to 2 Pools, 3 Spas, and 2 Tennis Courts, the unit maintains a Condition Rating of 3. Its prime coastal location near Silicon Beach provides significant lifestyle value. This property is an ideal acquisition for first-time buyers or coastal lifestyle seekers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8707 Falmouth #318 Avenue 318 Subject | $680,000* List Price | 1 | 1 | 740 | $801 | - |
A 8505 Gulana Sold | $550,000 | 1 | 1 | 733 | $750 | 0.3 mi |
B 8515 Falmouth Avenue 419 Sold | $650,000 | 1 | 2 | 855 | $760 | 0.3 mi |
C 8600 Tuscany Avenue 419 Sold | $680,000 | 1 | 2 | 863 | $788 | 0.3 mi |
D 8675 Falmouth Avenue 110 Active | $544,990 List Price | 1 | 1 | 686 | $794 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although the property was built in 1982, it is described as well-maintained and the interior photos show updated wide-plank flooring and modern paint. The unit appears move-in ready and functional, suggesting a renovation or significant refresh within the last 5-15 years, which outweighs the chronological age of the systems.
The inclusion of a loft-style additional area provides valuable flexibility for a home office or guest space, significantly enhancing the utility of a one-bedroom floorplan.
Located in Sea-Gate Village, the property offers an impressive amenity package including two pools, three spas, and two tennis courts, providing a high-end lifestyle experience.
Situated in the highly sought-after Playa Del Rey area, the condo offers excellent proximity to the beach and major Silicon Beach employment hubs.
The association fee of $658 per month is relatively high for a one-bedroom unit, which may impact overall affordability and debt-to-income ratios for buyers.
At 740 square feet, the primary living area is somewhat compact, which may feel restrictive for buyers looking for more expansive interior space.
Beautiful and well maintained 1 bed 1 bath condo, with loft style additional area, in the well sought after area of Sea-Gate Village in Playa del Rey. This unit features a very Spacious kitchen, designed for entertaining. Large nice master bedroom to compliment the very spacious and cozy living room area which boost a fireplace. This open floorplan will delight. The condo community features 2 pools, 3 spas, 2 tennis courts and secured gated parking.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 740 | 1,340 |
| Lot Size | 136,686 | 67,790 |
| Price | $680.0K | $727.8K |
| Price per sq ft | $919 | $638 |
| Built year | 1982 | 1975 |
| HOA | $658.0 | $784 |
| Days on market | 6 | 63 |
Jul 16, 2026
$680,000
Initial Listing
Feb 15, 2024
$660,000
Public Record
Oct 29, 1999
$151,000
Public Record
Sep 8, 1994
$112,000
Public Record